Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 113500
per

Your estimated
City
free-cash

Madrid , Spain
₽37366
₽26472
₽44131
₽30860
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
113 500
accident
-
-
-
763
income
-
-
-
25 150
pensions
-
-
-
23 954
other
-
-
-
85
unemployment
-
-
-
593
total
-
-
-
50 545
Employee
44 104
-
86 515
-
unemployment
683
-
1 312
-
pensions
2 073
-
3 979
-
income
9 212
-
22 572
-
other
43
-
85
-
total
12 011
-
27 948
-
Employer
44 104
-
86 515
-
pensions
10 408
-
19 976
-
other
354
-
678
-
unemployment
2 426
-
4 655
-
accident
873
-
1 676
-
total
14 061
-
26 985
-
Corporate
55 334
113 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

8 299
17 025
-
-
total
8 299
17 025
-
-
Dividends
47 034
96 475
-
-
withholding
9 668
20 249
-
-
total
9 668
20 249
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 039
37 274
54 933
50 545
After tax
69 461
76 226
58 567
62 955
Living cost
32 095
32 095
32 095
32 095
Free-cash
37 366
44 131
26 472
30 860

Estimated living cost  is ₽32095 per week

₽23049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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